facebookGoldman Sachs to launch robo adviser! Yay or Nay? - Seedly

Junus Eu

24 Dec 2019

SeedlyAMA

Goldman Sachs to launch robo adviser! Yay or Nay?

9 Dec 2019: Goldman Sachs to launch robo adviser for clients with as little as $5,000 to invest. Would you take it up and why?

Discussion (14)

What are your thoughts?

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I would look at its fees, functions and evaluate it alongside the other products on the market. Just because it bears the Goldman Sachs brand name does not mean that it is better

Yay! goldman sachs they should have tons of experience.

Kelly Trinh

21 Dec 2019

Backoffice technical at financial services firm

Lots of folks mentioning increased competition which is I agree is a great thing for overall consumer/market but would I use GS Robo compared to others - no. It is unclear what competitive advantage they have compared to other robos

Great for me over the longer term - more competitors means providers are now forced to come up with 'bettee' strategies, or evolve them more frequently which ultimately means better for us consumers.

Yay. Competition drives the traditional players to come up with competitive rates.

Good ole bankin...

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